article thumbnail

FIS acquires post-trade platform Torstone Technology

The TRADE

The firm has also made waves through a number of other bolt-on acquisitions and landmark mandates. Some of its major recent mandates include a 10-year agreement to provide post-trade technology to BNP Paribas and $1.5 A spokesperson for FIS said the firm does not comment on market rumour or speculation.

Trading 109
article thumbnail

Understanding the Difference Between Hedge Funds and Private Equity

MergersCorp M&A International

These funds typically invest in publicly traded securities and derivatives, allowing for a wide range of investment tactics that can include long and short positions, derivatives trading, and leveraging. Hedge funds also focus on maximizing returns in any market condition, whether bullish or bearish.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SPAC Trend Gives Rise to Securities Enforcement and Litigation Risks

Cooley M&A

Special purpose acquisition companies (SPACs) are on the rise. A SPAC is a publicly traded shell company with no underlying operating business that seeks to merge with a target operating company. The combined company benefits from the target’s operations and the liquidity of the SPAC’s publicly traded securities.

article thumbnail

The TRADE’s most read stories of 2024, part one: M&A, quant moves, and outsourced trading remits

The TRADE

FIS acquires post-trade platform Torstone Technology Coming in at number 10 in our 2024 most read countdown was a major merger and acquisition scoop announced at the start of the year. As revealed by The TRADE and sister publication Global Custodian in February, fintech giant acquired SaaS post-trade platform Torstone Technology.

M&A 52